TITLE
Consider a memorandum/resolution accepting a grant from Texas Department of Transportation-Aviation Division to fund a T-Hangar Design and Construction Project on Skylark Field.
SUMMARY
DATE: August 1, 2017
TO: Ronald L. Olson, City Manager
FROM: Matthew Van Valkenburgh A.A.E., Executive Director of Aviation
SUBJECT: RESOLUTION TO ACCEPT A GRANT FROM TXDOT-AVIATION DIVISION FOR THE PURPOSE OF DESIGNING AND CONSTRUCTING A T-HANGAR BUILDING ON SKYLARK FIELD
BACKGROUND AND FINDINGS:
On October 25, 2016, Council adopted a new Skylark Field Master Plan which identified adding T-hangars as the highest priority facility requirement and recommended construction of a T-hangar complex in FY 2018.
A major revenue source for the Skylark Field enterprise fund is the rental of light aircraft storage units, commonly known as T-hangars, to individuals and businesses basing their aircraft at Skylark Field. The airport currently has 40 T-hangar and covered tie-down units. These facilities stay 100% occupied, and there is a waiting list with approximately 43 requests for additional T-hangar space. A new nine (9)-unit T-hangar building is estimated to earn approximately $28,000 per year in rental revenues. Additional revenues will be earned from the sale of fuel to the tenants of the new hangar.
On April 11, 2017, Council approved resolution # RS-17-041 authorizing TxDOT-Aviation Division to act as the airport’s agent for a T-hangar development project on Skylark Field. On June 29, 2017, the Texas Transportation Commission approved the use of state and federal funding for 90% of the cost of design and construction of the proposed hangar and the supporting infrastructure (taxiway, apron, and utility connections).
On July 14, 2017, the City received a Federally and State Assisted Airport Development Grant offer in the form of a Texas Department of Transportation Airport Project Participation Agreement...
Click here for full text